3. Mutal Fund types and Risk levels case Below table represents a sample of 402 Mutal Funds. There are two categorical variables - Fund type and Risk Level. Fund type consists of two categories - Growth Fund and Value Fund. Risk level category consists of three categories - Low, Medium, and High risk mutual funds Fund Type Growth Fund Growth Fund Growth Fund Value Fund Value Fund Value Fund Risk Level Mutal Funds Low Medium High Low Medium High 15 198 53 24 97 15 a. Construct a contingency table with Fund types and Risk level. Show fund type in rows and Risk Level in columns. Also create an additional contingency table based on percentage of overall total. Briefly explain at least two facts that fascinates you. b. Construct a table and bar chart showing marginal distribution in percent for Row variable. Briefly explain the table details. c. Construct a table and bar chart showing marginal distribution in percent for Column variable. Briefly explain the table details.. d. Construct conditional distribution based on percentage of row total. Find out what percentage of growth funds and value funds have low risk? e. Construct conditional distribution based on percentage of column total. What is the percentage of funds that have low risk, are growth funds? What percentage of medium-risk and high-risk funds are value funds?

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3. Mutal Fund types and Risk levels case
Below table represents a sample of 402 Mutal Funds. There are two categorical variables - Fund
type and Risk Level. Fund type consists of two categories - Growth Fund and Value Fund. Risk
level category consists of three categories - Low, Medium, and High risk mutual funds.
Fund Type
Growth Fund
Growth Fund
Growth Fund
Value Fund
Value Fund
Value Fund
Risk Level Mutal Funds
Low
Medium
High
Low
Medium
High
15
198
53
24
97
15
a. Construct a contingency table with Fund types and Risk level. Show fund type in rows and
Risk Level in columns. Also create an additional contingency table based on percentage of
overall total. Briefly explain at least two facts that fascinates you.
b. Construct a table and bar chart showing marginal distribution in percent for Row variable.
Briefly explain the table details.
c. Construct a table and bar chart showing marginal distribution in percent for Column variable.
Briefly explain the table details..
d. Construct conditional distribution based on percentage of row total. Find out what percentage
of growth funds and value funds have low risk?
e. Construct conditional distribution based on percentage of column total. What is the
percentage of funds that have low risk, are growth funds? What percentage of medium-risk
and high-risk funds are value funds?
Transcribed Image Text:3. Mutal Fund types and Risk levels case Below table represents a sample of 402 Mutal Funds. There are two categorical variables - Fund type and Risk Level. Fund type consists of two categories - Growth Fund and Value Fund. Risk level category consists of three categories - Low, Medium, and High risk mutual funds. Fund Type Growth Fund Growth Fund Growth Fund Value Fund Value Fund Value Fund Risk Level Mutal Funds Low Medium High Low Medium High 15 198 53 24 97 15 a. Construct a contingency table with Fund types and Risk level. Show fund type in rows and Risk Level in columns. Also create an additional contingency table based on percentage of overall total. Briefly explain at least two facts that fascinates you. b. Construct a table and bar chart showing marginal distribution in percent for Row variable. Briefly explain the table details. c. Construct a table and bar chart showing marginal distribution in percent for Column variable. Briefly explain the table details.. d. Construct conditional distribution based on percentage of row total. Find out what percentage of growth funds and value funds have low risk? e. Construct conditional distribution based on percentage of column total. What is the percentage of funds that have low risk, are growth funds? What percentage of medium-risk and high-risk funds are value funds?
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